Spectator on facebook

Spectator on facebook

BUSINESS SHORTS

UniBanka and HVB Bank merged

UNICREDIT Bank Slovakia entered the Slovak market on April 2.

The UniCredit bank is the product of in a merger of UniBanka and HVB Bank. Its director Jozef Barta said the transfer to a new IT system was without considerable complications, only some minor technical problems.

UniCredit Bank has become the fourth biggest bank in Slovakia with 93 branches across the country. It intends to close down several subsidiaries, but only those deemed inefficient or too close to another branch of the bank. The new bank is planning to expand its branch network over the coming months. It will first focus on Bratislava, where it intends to strengthen its position.

Branch design will gradually change and branches will be divided into three types: 'self-servicing', 'fast' and 'consulting'.

UniBanka and HVB Bank Slovakia's shareholders definitively approved the merger on February 20. UniCredit and Bank Austria Creditanstalt announced the planned merger of their affiliations at the beginning of April 2006. The universal leasing company CAC Leasing is part of the UniCredit group in Slovakia. As of April its name changed to UniCredit Leasing.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Another For a Decent Slovakia protest was also joined by farmers

People took to the streets for the eighth time.

Farmers with tractors awaited the protesting crowd at the SNP Square in Bratislava.

V4 politicians are not even willing to help fellow Europeans

To give equal weight to the concerns that a Slovak or Czech feels about migration with that of an Italian or Greek is like having equal sympathy for a hypochondriac and a cancer patient.

Prime ministers of V4 countries and their Austrian counterpart.

Coronations return to Bratislava Photo

This year Bratislava will recall the coronation of Leopold II, the younger son of Maria Theresa.

Bratislava will again enjoy re-enactment of coronation ceremony

Police detain another person in promissory notes case

Ex-director of private broadcaster TV Markíza, Pavol Rusko, was detained shortly after being heard.

Pavol Rusko